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New York AG Warns Senate Against Passing CLARITY Act

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2 outlets - including Tronweekly and Cryptotimes - are covering this story. New York Attorney General Letitia James has opposed the CLARITY Act before a possible Senate vote. She said the bill would weaken state action against cryptocurrency fraud. Lawmakers could consider it before their August recess. The objecti…

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CLARITY Act Could Limit New York’s Power to Fight Crypto Fraud, AG Warns
TronWeekly Jul 28, 11:30 UTC

CLARITY Act Could Limit New York’s Power to Fight Crypto Fraud, AG Warns

New York Attorney General Letitia James has opposed the CLARITY Act before a possible Senate vote. She said the bill would weaken state action against cryptocurrency fraud. Lawmakers could consider it before their August recess. The objecti…

The Crypto Times News Jul 28, 06:46 UTC

New York AG Warns Senate Against Passing CLARITY Act

In testimony to a Senate investigations panel, NY AG Letitia James argues the market-structure bill Wall Street just lined up behind would gut state enforcement, as federal agencies quietly stand down and scam losses hit record highs.